du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

SIB profit up 9%

Higher income from financing and investment drive growth.

  • The unit climbed around two percent to $50,249.15, its highest since mid-May.

    The cryptocurrency has now risen more than 70 percent from the six-month lows below $29,000 touched in June

    Bitcoin was tumbling on a range of issues including China's crackdown on cryptocurrencies since mid-May

  • Besides wooing $74 billion investments, the oil giant has helped the country gain the top position in the Middle East...

    ADNOC has set its eyes on developing green hydrogen and blue ammonia products.

    The company plans to spend $122 billion between 2021 and 2025 to develop its businesses.

  • The two discussed opportunities for cooperation to support multinational companies in the Emirate of Ajman

    The two discussed opportunities for cooperation to support multinational companies in the Emirate of Ajman

    Dahua is a leading Chinese tech solutions provider specialising in video surveillance products, data security, alarms, motion sensors and access control

  • Alongside a grinding seven-year military conflict, Yemen's government and the Huthi rebels are locked in battle on another front --...

    Both the government and the Iran-backed Huthis used the same notes until late 2019 when the rebels banned new banknotes printed in government-run Aden

    The resulting difference in money supply has since seen the riyal's value plummet to around 1,000 to the dollar in government areas

  • The cost of hydrocarbon fuels in Lebanon has now roughly tripled in the two months

    The cost of hydrocarbon fuels in Lebanon has now roughly tripled in the two months

    Dire shortages have seen Lebanon's people struggle to find enough fuel to drive to work

  • Saudi Arabia has developed cultural, heritage tourism projects in more than 25 tourist destinations and eyes 100 million tourists by...

    Saudi Arabia has developed cultural, heritage tourism projects in more than 25 tourist destinations

    By 2030, the country expects to enhance its airport capacity by 30 percent

  • Saudi Arabia has seen a sudden growth in the size of freelance workforce with the number doubling in the first...

    Number of people who obtained a freelance employment document reaches 631, 518

    The ministry also said most freelancers are aged between 20 and 30 years old, with most of them working in graphic design, marketing and advertising, and family businesses

  • Tourism and water have been the economic mainstay of Hatta, an inland exclave of Dubai.

    Hatta residents will be allowed to build 200 holiday homes to support domestic tourism.

    504-km-long chairlifts, waterfalls, hotel among other projects.

  • Private banks cater to the complex banking needs of the Ultra High Net Worth Individuals and High Net Worth Individuals...

    Saudi UHNWI population has grown by 227 percent since 2016, the fastest growth rate globally over this period.

    Private banking yields returns up to 30 percent annually, but more typically are in the 7-13 percent.

  • Residents line up for days to get gas, while electricity only runs for 2 hours a day

    Lebanon’s energy crisis is dragging people to unlikely places in their desperate quest for life’s essentials

    Residents line up for days to get gas, while electricity only runs for 2 hours a day